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FT: Urban Renewal?

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  • #16
    Re: FT: Urban Renewal?

    Originally posted by LazyBoy View Post
    Most younger people who are educated and mobile didn't grow up saying "I want to live in the suburbs."
    Meanwhile weeds grow through the cracks in the pavement in front of the shuttered crumbling building that once was the bowling alley.

    The old suburban 3-screen movie theater has condos in its place: the Megaplex is just 2 exits up the highway.

    The pool hall's a pool store, and the Elks live in Yellowstone not that building down the road that stale old rumors say once held functions, dances, and cheap drinks in a bar.

    Community centers and youth centers sit shuttered next to poorly maintained basketball courts. The taxpayers didn't want them. The foundations didn't care about suburbia.

    The old five and dime still has a sign on the shuttered strip in the center of town, in front of which ne'er do wells sit planning how to get 2 exits up without a car or bus to buy some drawers at the Wal Mart out next to that Megaplex.

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    • #17
      Re: FT: Urban Renewal?

      How many suburbanites have lost their jobs. How many have had their jobs reduced to part time. How many have had to take a much lower paying job. How many have been gutted by the fees levied to live the suburban dream. How many have been viscerated by gas prices combined with all of the above. Cheever country has always been a wasteland for the young. Now it's becoming an asylum for their underwater parents. The American Dream, described for years by our "intellectuals" as the American Nightmare, has come home to roost under FIRE.

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      • #18
        Re: FT: Urban Renewal?

        As I drove through a 60s era neighborhood yesterday, in what I would describe as a old suburb of Atlanta, could not help but notice a shocking number of new upscale homes being built on teardown lots. I counted about a dozen under construction within a half mile. Looks like the home values finally got low enough ( or the homes run down enough) to justify selling them just for lots to build on. Definitely some re-vitalization going on in some places. Been a long time since I've seen that much residential building activity going on in one place.

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        • #19
          Re: FT: Urban Renewal?

          Detroit stops paying its bills:

          http://gawker.com/detroit-stops-payi...avoi-513504224

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